> I believe that is what most people would call socialism. When taken at its root idea anyway.
No, it could also be the society's moral system. For instance, take a hypothetical capitalist society where the shame and stigma of violating human rights is very strong. A business owner there would likely refuse to violate them even if it's very profitable, because doing so would make him a pariah, no "socialism" required.
> A business owner there would likely refuse to violate them even if it's very profitable, because doing so would make him a pariah, no "socialism" required.
No, it could also be the society's moral system. For instance, take a hypothetical capitalist society where the shame and stigma of violating human rights is very strong. A business owner there would likely refuse to violate them even if it's very profitable, because doing so would make him a pariah, no "socialism" required.